China back to US soy market after waivers granted

Supplies resume: A grain salesman shows locally grown soybeans in Ohio. Soybean processors in China are allowed to buy a further 10 million tonnes of US supplies without retaliatory duties, according to sources. — AP

BEIJING: Chinese buyers are back in the market for American soybeans after crushers in the Asian nation were granted a new round of tariff waivers, according to sources.

Soybean processors in China were granted permission to buy a further 10 million tonnes of US supplies without retaliatory duties, said the sources. This would be a third round of waivers, with about 5 million tonnes granted previously.